The Effects of an Equiproportional Transport Improvement in a Fully-Closed Monocentric City

This paper investigates the effects of an equiproportional transport improvement in a fully-closed monocentric city. It focuses on the impact of the improvement on aggregate and differential land rents, and aggregate transport costs. The elasticity of aggregate transport demand is related to the elasticity of substitution between land and all other goods and the compensated elasticity of demand for land.

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Year of publication:	1985
Authors:	Arnott, Richard ; Pines, David ; Sadka, Efraim
Institutions:	Economics Department, Queen's University

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Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	29 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005688438